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CAP Wabot Scalper EA MT4

1

CAP Wabot Scalper EA is a fully automated Expert Advisor for Forex trading that uses advance price movement. Indicators are not used in operation. The EA uses Take Profit and Stop Loss. Averaging and Martingale are not used. This EA is basically designed to trade EURUSD, GBPUSD and USDJPY which implements a complete and fully-functional trading strategy. But EA can be working any of pair. This EA will need a good broker with small spread to work successfully.

CAP Wabot Scalper EA  is backtested with long-term history. Nevertheless, there are a few things to keep in mind. It is recommended to trade only low-spread and high liquid Forex pairs (such as EURUSD, AUSJPY  and USDJPY), to chose a broker with low spreads and minimal slippage and to use a VPS or hosting with low latency.


Key Advantages

  • This EA only works on EURUSD, AUSJPY and USDJPY.
  • Fully automated trading 24/5.
  • No need in a large initial deposit.
  • No Martiginale, No Grid.
  • Always uses Stop Loss to protect capital.
  • Position trailing stop is used.
  • Both a fixed lot and a free margin percentage are used.
  • Ability to set time limitations for the EA operation.


Trading Requirements

Caution is advised. In order to be profitable with this EA, you need the following:

  1. A good broker with low slippage.
  2. Low spreads (recommended: EURUSD spreads below 5 points).
  3. Low stops level (recommended: stop level 0 points).
  4. Latency of VPS / hosting must be below 4ms (recommended: use MQL5 hosting).
  5. Do not run more than one EA on one account.


Backtesting / Optimizing

The Expert Advisor uses tick data. Please backtest and optimize in H1 or higher timeframe using the "every tick" mode. Try out different sets of parameters or use MT4 optimization mode for getting maximum gains.


Input Parameters

  1. Lots Management
    • LotsType - Select any of lots management type.
    • EquityPercent - Lot is chosen automatically based on percentage of the equity.
    • FixedLots - Fixed Lots.
    • UseMarginPercent - Lot is chosen automatically based on percentage of the full margin value. For example, if you set 100% then EA open lots size based on 100% of free margin.
    • XBalance - Lot will increase based on XBalance amount.   Calculated as (Your Current Balance/XBalance * LotsizePerXBalance = Your current lots size).
    • LotsizePerXBalance - Lot size of XBalance.
  2. EA Configurations
    • Filter Trade - Trade filter by trending, we use MA and ADX to define market is trending or not.
    • Indicator Value - Indicator value.
    • Indicator Reset Value - Indicator reset value.
    • TakeProfit - Takeprofit in Points
    • Initial StopLoss - Initial Stop Loss (in points).
    • AskPriceShift/BidPriceShift - Parameter representing the breakout points shift value.
    • Advanced Closing - Active Advanced closing.
  3. Break Even Setting
    • Active Break Even - True/False.
  4. Trailing Stop Setting
    • Active Trailing - True/False.
  5. Split Lot Size Setting
    • SplitProfitLots - Enable profitable order division mode.
    • Start Split - Points of profit to start dividing a profitable deal.
    • Split Lots Percentage - Lots percentage for each profitable deal division.
  6. Time Configurations
    • Configure your trading time.
  7. Basic Configurations
    • Maximum Spread - Maximum spreads limit.
    • CloseOrderOnSpread - Delete pending order if Spreads reach Max Spreads.
    • Custom Commission (USD per lot) - Commission for per standard lot (not used by most of brokers).
    • Slippage - Maximum slippage value.
    • Magic - Magic Number.


Official Channel

To get product news, setting files, and free indicators, please subscribe to our Official Channel.


Author

Mohammad Ali, technical analyst and speculator, software engineer and founder of MeetAlgo LLC.‌


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Gain de 240% dès le 22ème mois. Vous pouvez consulter le compte Bandwagon Live avec 2 ans de performances Bandwagon 2 ans ou Bandwagon V2 . *NOTE: Maintenant à 50% de réduction ! Obtenez votre copie maintenant! Attendez-vous à une augmentation de prix chaque mois *ATTENTION : DITES NON AU PIRATAGE. Méfiez-vous des utilisateurs qui demandent à obtenir une copie du train en marche EA. Bandwagon peut détecter le piratage et si votre compte est détecté pour faire de telles choses, je ne peux pas pr
Join Group ( better copy-paste the address) or contact me. https://t.me/ +h7dqVWG3Z01hMzc0 Super LAUNCH OFFER: 189$ Buy not a (fixed or fake) backtest, but a real Life conditions Live Signal *  ( set used here )  The next price is -->> 249 $ VERY IMPORTANT: Before you purchase this EA : Use spread below 30 point. You must have a HEDGE BROKER that allows more than 300 orders at the same time in one account.(contact me if you do not know any .) Super Hedge Modus Multipair function => If you
TrendMaster FX MT4
Chen Jia Qi
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AI Nodiurnal EA
Ugochukwu Mobi
AI Nodiurnal EA est un robot Forex avancé qui exploite la technologie de pointe du machine learning pour optimiser les stratégies de trading et améliorer les performances sur le dynamique marché des changes. Le terme "Nodiurnal" reflète sa capacité à s'adapter et à fonctionner non seulement pendant les heures de trading diurnes habituelles, mais aussi pendant des périodes non standards, offrant ainsi une approche continue et adaptative du trading sur le forex. Paramètres : Paramètres par défaut
Diamond Titan FX MT4
Lo Thi Mai Loan
5 (1)
Promotion de lancement : REMISE DE 30% ! Il ne reste que 3 ventes à acheter au prix actuel. Prochain prix : $1033 Obtenez gratuitement le US30 Scalper EA et le Quantum Algo EA -> contactez-moi après l'achat Live signal: https://www.mql5.com/en/signals/2220190?source=Site+Profile+Seller Prop Signal:  https://www.mql5.com/en/signals/2223219?source=Site+Signals+Profile+From+Author MT5:  https://www.mql5.com/en/market/product/116010?source=Site+Market+Product+Page Historique des transactions réussi
Big Forex Players MT4
Marzena Maria Szmit
4.65 (23)
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US30 Scalper EA MT4
Lo Thi Mai Loan
5 (4)
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4.71 (7)
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The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow develop strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA   in this market place. You can use as trade
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CAP Zone Recovery EA PRO
MEETALGO LLC
3.95 (101)
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CAP Channel Trading EA
MEETALGO LLC
4.25 (4)
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CAP Prime Scalper EA is a Forex scalping EA that uses a smart system to detect key breakout signals then cuts the profit of the move as much as possible while minimizing the loss. The robot automatically analyzes the market volumes and volatility and follows strong supply and demand movements. It smoothly sets breakeven levels and features the built-in smart mechanism for partial closure of profitable trades. It also has option to stop trading before important news releases to avoid slippage and
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CAP Universal Grid EA MT5
MEETALGO LLC
4.89 (9)
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CAP Channel Trading MT5
MEETALGO LLC
4.11 (57)
The   CAP Channel Trading   is a volatility-based indicator that makes use of the “advanced envelope theory”. These envelopes consist of two outer lines. Envelope theory states that the market price will generally fall between the boundaries of the envelope (or channel). If prices move outside the envelope, it is a trading signal or trading opportunity. Benefits of the Channel Trading Indicator CAP Channel Trading works with any asset It can be applied to any financial assets: forex, cryptoc
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CAP Breakout EA MT5
MEETALGO LLC
4.19 (27)
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MEETALGO LLC
4.54 (13)
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MEETALGO LLC
3.92 (141)
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MEETALGO LLC
4.35 (31)
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MEETALGO LLC
4.39 (23)
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CAP Prime Scalper EA
MEETALGO LLC
2.2 (10)
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CAP Breakout EA Pro
MEETALGO LLC
3.67 (3)
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Cap RSI Trader EA
MEETALGO LLC
4.47 (32)
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CAP Stochastic EA Pro MT5 trades using the Stochastic Indicator. It offers many customizable Stochastic trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [  Installation Guide  |  Update Guide  |  Submit Your Problem  |  All Products  ] Before buy Pro version? You can buy alternation pro version, our powerfull EA,   CAP Strategy Builder EA .  This is strategy builder EA. It produc
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MEETALGO LLC
4.2 (15)
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CAP Stochastic EA MT5
MEETALGO LLC
4.25 (12)
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CAP Moving Average EA
MEETALGO LLC
4.54 (39)
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MEETALGO LLC
4.4 (15)
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CAP News Trading
MEETALGO LLC
4.09 (11)
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CAP Moving Average EA MT5
MEETALGO LLC
4.29 (14)
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CAP Equity Guard EA
MEETALGO LLC
4.55 (22)
The  CAP Equity Guard MT4  is an expert advisor that constantly monitors the equity of your trading account and prevents costly drawdowns. The  CAP Equity Guard EA  is a useful tool for money managers! When an emergency procedure takes place, you are notified by visual, email and push alerts. The EA performs the following tasks: It monitors your entire trading account. Easy to use! Just drag it to a random empty chart. It will work perfectly, if MetaTrader restarts. It can be workable with your
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CAP Ichimoku EA
MEETALGO LLC
4.07 (15)
CAP Ichimoku EA MT4  trades using the Ichimoku Kinko Hyo Indicator. It offers many customizable Ichimoku trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [  Installation Guide  |  Update Guide  |  Submit Your Problem  |  All Products  ] Functions Easy to use and customizable Ichimoku setting. Customizable indicator settings Built-in money management Grid trading when trade in Los
FREE
The  CAP Equity Guard MT5  is an expert advisor that constantly monitors the equity of your trading account and prevents costly drawdowns. The  CAP Equity Guard EA MT5  is a useful tool for money managers! When an emergency procedure takes place, you are notified by visual, email and push alerts. The EA performs the following tasks: It monitors your entire trading account. Easy to use! Just drag it to a random empty chart. It will work perfectly, if MetaTrader restarts. It can be workable with y
FREE
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agrushev777
2328
agrushev777 2024.02.19 19:18 
 

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12057283
30
12057283 2023.06.25 07:11 
 

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Chalermpol Sooksilp
465
Chalermpol Sooksilp 2023.03.18 18:09 
 

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Miguel Jimenez Cordero
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gacfxalgo
336
gacfxalgo 2020.09.22 15:51 
 

Back testing and forward testing were different results totally! Do not be fooled by back testing results.

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Version 2.1 2023.04.01
FIXED BUGS: The news filter not working, we fixed this issue. Please Add a new link to Terminal Options. The new link will be shown by EA